NCLT approves ArcelorMittal's Rs 2,360 cr bid for Odisha Slurry PipelineA two-member bench of the NCLT Cuttack gave a go ahead to the resolution plan of ArcelorMittal India, which had been approved by the Commit...
03 Mar, 2020, 09.22 PM IST
NCLT rejects ArcelorMittal’s plea for EPC re-voteLenders of EPC Construction India have approved revival plans of Royale Partners Investment Fund with 73% voting.
21 Apr, 2019, 11.10 PM IST
NCLT Ahmedabad clears ArcelorMittal's Rs 42,000 crore resolution plan for Essar SteelClearing ArcelorMittal's bid, NCLT says it cannot impose judicial view over banks' wisdom.
09 Mar, 2019, 06.35 AM IST
NCLAT directs NCLT Ahmedabad to take call on ArcelorMittal's Essar Steel bid by March 8It has also directed the registry of NCLT to communicate this order to the Ahmedabad-based bench and its members.
28 Feb, 2019, 11.54 AM IST
NCLAT extends deadline for NCLT Ahmedabad to decide on Essar Steel insolvency case by February 19Earlier, the NCLAT has asked NCLT Ahmedabad to decide by February 11, failing to which it would call records and pass order.
12 Feb, 2019, 12.24 PM IST
Promoters offered to pay Rs 54,389 crore: NCLT dismisses Ruias' proposal to settle Essar debtThe Essar group hinted at challenging the verdict, citing the last week's Supreme Court order on IBC.
30 Jan, 2019, 06.53 AM IST
NCLAT asks NCLT Ahmedabad to take decision on Essar Steel's insolvency case by Jan 31A two-member bench of NCLAT said that if the Ahmedabad bench of NCLT does not pass any order by January 31, then it would call the matter a...
23 Jan, 2019, 12.04 PM IST
ArcelorMittal hits fresh hurdle over GPI duesSection 29(A) was introduced to prevent promoters from regaining control of companies that they had led to bankruptcy.
02 Nov, 2018, 07.34 AM IST
Essar Steel: Committee of creditors still backing ArcelorMittal’s bidThe CoC voted overwhelmingly in favour of Mittal, is unlikely to consider a late attempt by the Ruias.
29 Oct, 2018, 10.15 AM IST
SC to hear tomorrow plea of ArcelorMittal against NCLAT order on Essar Steel auctionThe apex court refused urgent hearing for ArcelorMittal's plea for payment of Rs 7,000 crore by today for its second bid to become eligible.
11 Sep, 2018, 06.27 PM IST
Essar Steel lenders urge NCLAT to expedite resolution processAt a hearing of the NCLAT, Sudipto Sarkar, counsel appearing for the Committee of Creditors (CoC) of Essar Steel, requested it to expedite ...
11 Jul, 2018, 09.38 PM IST
NCLAT agrees to hear NuMetal, ArcelorMittal petition in Essar Steel caseThe NCLAT issued notices to a committee of Essar Steel creditors, the resolution professional running an auction of the company and the two...
27 Apr, 2018, 12.16 PM IST
JSW seeks fresh round of bidding for Essar SteelThe NCLT directed the resolution professional (RP) to place before the CoC the first round of bids from Numetal and ArcelorMittal.
24 Apr, 2018, 06.53 AM IST
NCLT rules second round of bids for Essar Steel invalidBoth bids now have to be shared and evaluated by Committee of Creditors (CoC) before taking any decision, it ruled.
20 Apr, 2018, 06.51 AM IST
NCLT to pronounce judgement not later than 12th April in ArcelorMittal vs Numetal caseArcelorMittal, Committee of Creditors (CoC) and Numetal lawyers had come up with new documents/submissions, which they need to submit by Mo...
06 Apr, 2018, 10.25 PM IST
NCLT defers hearing in ArcelorMittal, Numetal plea over Essar Steel bid rejectionBoth ArcelorMittal and Numetal have moved the NCLT challenging the rejection of their bids for Essar Steel.
27 Mar, 2018, 03.15 PM IST
Numetal moves NCLT after ‘ineligible’ bid for Essar SteelNumetal, which is part owned by Russian firm VTB, moved the Ahmedabad bench of the NCLT. The tribunal will hear the matter on April 4 .
22 Mar, 2018, 10.20 AM IST